Wegovy Maker Novo Nordisk to Spend $6 Billion Boosting Production Capacity
Novo Nordisk, the Danish pharmaceutical giant that makes the blockbuster Wegovy obesity drug, said it will invest more than $6...
production
Clorox Warns of Product Shortages Following Cyberattack
The bleach and cleaning-wipe maker said that it believes the cyberattack is now contained but that it will cause a...
Fuel Prices Are Soaring. Who Is Feeling the Pinch?
Production cuts made by OPEC and its allies have pushed crude oil to 10-month highs. Source link
Boeing Reports $149 Million Loss as Defense Charges Pile Up
The aerospace giant said it is increasing jetliner production as planned while reducing its debt. Source link
Amazon Is Asking Some Employees to Relocate, Return to ‘Main Hub’ Offices
The tech giant has told staff across the company that they may have to move to locations in bigger cities....
TSMC Delays Start of First Arizona Chip Factory, Citing Worker Shortage
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Mining Deploys Innovative Tech to Find Copper, Other EV Metals
Miners are turning to machine learning, cutting-edge chemistry and other innovative means to increase the supply of critical materials such...
Market Bets on Cheaper Oil, Dashing Saudi Hopes for a Price Rebound
The oil market has flashed a warning to Saudi Arabia: The world economy is weakening, and the kingdom’s efforts to...
Why It’s Impossible to Get Your Car Repaired This Summer
A shortage of parts and technicians, more complex auto technology, and older cars on the road are creating a perfect...
Walgreens Lowers Financial Outlook Amid Weaker Retail Consumer Spending
The drugstore chain says it will step up cost-cutting measures and boost the long-term profitability of its healthcare business. Source...
FDA Allows Imports of China-Made Chemotherapy to Ease U.S. Shortage
HealthIn temporary move, Chinese drugmaker will be able to ship its cisplatin chemotherapy even though it hasn’t been FDA approved...
Disney’s Orlando Campus Cancellation a Blow to Neighboring Projects
Adjoining commercial and residential developments were banking on the relocation of 2,000 Walt Disney employees to Florida. Source link
Here’s What It Looks Like When Americans Retire Overseas
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Supply Chains Have Changed Forever
Nearshoring. Automation. Supplier diversification. Sustainability. Here’s how companies are reshaping their supply chains. Source link
Rise of EVs Drives Mining Deals to Decade High
Mining companies are back at the deals table as they battle for control of commodities essential for making electric cars...
China’s EV Makers Outshine Global Rivals, but a Rocky Road Lies Ahead
Local brands juggle price war with need to increase production. Now, the foreign car makers want their market share back....
Rocket Motor Shortage Curbs Weapons for Ukraine
BusinessEarningsLockheed Martin projects steady Ukraine-driven sales in 2023 Source link
America Is Back in the Factory Business
Record spending on manufacturing construction heralds a made-in-the-U.S. rebound, stoked by green-energy incentives and concerns about foreign supply chains. Source...
Tesla Reports Uptick in Vehicle Deliveries After Price Cuts
BusinessAutos & TransportationAutos IndustryThe company delivered around 36% more vehicles to customers in the first quarter than it did a...
Americans to Be Barred From Buying Ozempic in British Columbia
Provincial health officials urged doctors and pharmacists to make sure people are taking the drug to treat diabetes, not lose...
